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While RFEs, RFQs, and RFPs all serve different purposes in the procurement process, an RFE aims to educate the requester by exploring potential solutions, an RFQ quantifies costs for meeting specific needs, and an RFP allows for comparing different vendor proposals.
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Aug 20, 2025 Differences from RFP: An RFQ focuses on price and commercial terms. It does not ask for project plans, methodologies, or detailed proposals.
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